Global Military Nets Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Military Nets refer to the collective name of nets used in the military, including safety nets and cargo nets. Among them, the military cargo net is usually used to fix the cargo and prevent the cargo from moving during transportation. It can also be used to rescue people on land or at sea.
Market Overview:The latest research study on the global Military Nets market finds that the global Military Nets market reached a value of USD 165.36 million in 2022. It’s expected that the market will achieve USD 220.23 million by 2028, exhibiting a CAGR of 4.89% during the forecast period.
Multipurpose use in military and defense is expected to increase the demand for military nets
Military nets have a variety of use cases in the military and defense sectors. The strong rope cargo net is widely used for crawling and climbing courses. For a variety of reasons, cargo nets are used on aircraft carriers to protect large and heavy equipment that can be blown over the edge due to strong winds on the flight deck. On aircraft, the sides of the safety net use fall arrest nets similar to those used on construction sites. It is extremely difficult for a damaged aircraft to land normally, which requires precautions against the cargo loaded on the aircraft. Since World War II, cargo nets have been used in military airdrops to transport supplies to areas inaccessible by land. During their humanitarian missions, they deliver not only equipment and weapons but also food and medical supplies. Owing to the aforementioned factors, the military net market is expected to grow over the forecast period.
The growing logistics and transportation industry is expected to boost the military net market growth
The most important part of logistics transportation is the packaging and storage of goods. Smart use of warehouse space will increase the success of the logistics department by increasing efficiency and reducing costs with higher productivity. Cargo nets in military nets are deployed in these fields due to their ease of use and lower cost as compared to other products. Cargo nets make it easier to transport both larger and smaller loads by holding everything together at once. Therefore, with the rapid growth of the logistics and transportation industry, the market demand for cargo nets is expected to increase, thereby increasing the market demand for military nets.
Region Overview:In 2022, the share of the Military Nets market in North America stood at 38.99%
Company Overview:TAC industries is one of the major players operating in the Military Nets market, holding a share of 8.45% in 2023.
Segmentation Overview:By type, Polyester segment accounted for the largest share of market in 2022.
Application Overview:By application, the Cargo Nets segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Military Nets market covered in Chapter 3:Ancra Cargo
Taiwan Fylin Industrial
Cargo Systems
Sandow Technic
Forankra
Allsafe GmbH&Co.KG
Davis Aircraft Products Co, Inc.
Mazzella Companies
Amsafe Bridport
Barry Cordage
U.S Netting inc
TAC industries
Kinedyne
Sealicone
Aeronet
In Chapter 4 and Chapter 14.2, on the basis of types, the Military Nets market from 2018 to 2029 is primarily split into:Nylon
Polyester
Polypropylene
Others
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Military Nets market from 2018 to 2029 covers:Safety Nets
Cargo Nets
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)